ESAB (NYSE:ESAB) Issues Earnings Results, Beats Estimates By $0.13 EPS

ESAB (NYSE:ESAB) released its earnings results on Thursday. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.13, Zacks reports. ESAB had a return on equity of 17.27% and a net margin of 9.47%. ESAB updated its FY 2025 guidance to 5.100-5.250 EPS.

ESAB Trading Down 2.9 %

Shares of NYSE ESAB traded down $3.67 during trading hours on Thursday, hitting $121.47. The company’s stock had a trading volume of 216,521 shares, compared to its average volume of 210,143. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.25 and a current ratio of 1.92. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 28.45, a P/E/G ratio of 2.12 and a beta of 1.36. ESAB has a 12 month low of $88.54 and a 12 month high of $135.97. The business has a 50-day simple moving average of $122.88 and a 200-day simple moving average of $115.38.

ESAB Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a $0.08 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.26%. ESAB’s payout ratio is presently 7.49%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ESAB. Oppenheimer reissued an “outperform” rating and issued a $144.00 target price (up previously from $138.00) on shares of ESAB in a research note on Friday, November 8th. Stifel Nicolaus raised their price objective on ESAB from $130.00 to $131.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Evercore ISI cut ESAB from an “in-line” rating to an “underperform” rating and raised their price objective for the company from $102.00 to $122.00 in a research note on Wednesday, November 13th. Loop Capital raised their price objective on ESAB from $105.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group initiated coverage on ESAB in a research note on Thursday, December 12th. They set a “buy” rating and a $160.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $133.57.

About ESAB

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables comprising electrodes, nozzles, shields, and tips.